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Cebu Businessman Arrested in P5.3-M Fuel Scam

A businessman in Cebu City, Philippines, was arrested by the National Bureau of Investigation in Central Visayas (NBI-7) for his alleged involvement in a P5.3-million fuel scam that offered heavily discounted diesel products.

7 Aug, 02:34 — 7 Aug, 02:34
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inquirerMostly Factual1h ago

Cebu businessman arrested in alleged P5.3-M fuel scam

CEBU CITY, Philippines — A Cebu-based businessman was arrested after allegedly helping facilitate a P5.3-million fuel scam that promised steeply discounted diesel products, the National Bureau of Investigation in Central Visayas (NBI-7) said Friday. Agents arrested the suspect during an entrapment operation at a shopping mall along A.S. Fortuna Street in Mandaue City on Monday.

By cavendano

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